OTS Holdings (SGX:OTS) Days Inventory : 119.14 (As of Dec. 2023)

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What is OTS Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OTS Holdings's Average Total Inventories for the six months ended in Dec. 2023 was S$7.58 Mil. OTS Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$11.61 Mil. Hence, OTS Holdings's Days Inventory for the six months ended in Dec. 2023 was 119.14.

The historical rank and industry rank for OTS Holdings's Days Inventory or its related term are showing as below:

SGX:OTS' s Days Inventory Range Over the Past 10 Years
Min: 88.96 Med: 113.98 Max: 131.7
Current: 131.7

During the past 6 years, OTS Holdings's highest Days Inventory was 131.70. The lowest was 88.96. And the median was 113.98.

SGX:OTS's Days Inventory is ranked worse than
72.84% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs SGX:OTS: 131.70

OTS Holdings's Days Inventory increased from Dec. 2022 (117.63) to Dec. 2023 (119.14). It might indicate that OTS Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. OTS Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.53.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. OTS Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.48.

OTS Holdings Days Inventory Historical Data

The historical data trend for OTS Holdings's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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OTS Holdings Days Inventory Chart

OTS Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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88.96

109.95

121.37

118.01

127.53

OTS Holdings Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial						101.92	127.62	117.63	146.88	119.14

Competitive Comparison of OTS Holdings's Days Inventory

For the Packaged Foods subindustry, OTS Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

OTS Holdings's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, OTS Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where OTS Holdings's Days Inventory falls into.

OTS Holdings Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

OTS Holdings's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (8.078	+	7.94)	/	2 )	/	22.922	*	365
=	8.009					/	22.922	*	365
=	127.53

OTS Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (7.94	+	7.217)	/	2 )	/	11.609	*	365 / 2
=	7.5785					/	11.609	*	365 / 2
=	119.14

OTS Holdings (SGX:OTS) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

OTS Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.609	/	7.5785
	=	1.53

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

OTS Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.5785	/	15.736
	=	0.48

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

OTS Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of OTS Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

OTS Holdings (SGX:OTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » OTS Holdings Ltd (SGX:OTS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Senoko South Road, Singapore, SGP, 758088

Website

https://www.ots-holdings.com

OTS Holdings Ltd is a brand builder and food manufacturing group in the consumer industry. It provides ready-to-eat and ready-to-cook meat products through its brands such as Anew, Golden Bridge, Kelly's, Golden Lion and others, with key markets in Singapore and Malaysia. The company has four operating segments that are Modern Trade, General Trade and Food Services and Others.

OTS Holdings (SGX:OTS) Headlines

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